Sunday, January 3, 2016

While we are busy doing the webmaster stuff, one of the busiest online community in the world which has its own economy is also populating the world wide web with gambling websites. Now you may think this isn't for you because of the world "gambling"
but hey, they are spending bitcoin.

What in the world is Bitcoin? Just so you know 1 Bitcoin is currently worth $400+ and if that doesn't spark interest to you, I'm not sure what you want in life. These days, China is up to bitcoin already and had been waking Sichuan spirits to mine bitcoins.
But what the hell is Bitcoin? Its easier to know if you just googled it though as I can stray elsewhere explaining this stuff to you. But to make it short, its an online money to which people and merchants start accepting it for real goods and services in fact bitcoin's value was once worth $1200.

What makes bitcoin new and interesting is that users can do transactions anonymously without central authority such as bank, company, government or any other between them. This is one of the reason why during its start, criminals are the first to use it through the deep web. but later, legitimate organization uses bitcoin to accept donations such as wordpress.org which is
very known to us webmaster, particularly for the SEO guys. Today, people from financial unstable countries use bitcoin as a way to store their money.

Its value kept growing that it attracted governments to which today some countries ban bitcoin. But then of course, they'd have to ban internet to stop the people from using it. And yes, BITCOIN will live forever.

If you wanna learn more about bitcoin, visit bitcoin.org and join bitcointalk.org.

Previous Posts

What is Bitcoin?

Bitcoin is digital money used for secure and instant transfer of value anywhere in the world. It is not controlled or issued by any bank or government - instead it is an open network which is managed by its users. Much in the way email improved communication by making it fast and cheap, bitcoin is an improvement on existing payment methods which were not designed for the internet era.

Is Bitcoin safe?

Bitcoin’s core protocol is viewable by anyone, has been vetted by thousands of security researchers around the world, and has proven to be robust and reliable after immense scrutiny. Using bitcoin is similar to using other private applications on the internet, such as email or online banking. Just like these other web services, you must access your bitcoin with a password in order to ensure only you have access to your money.

Why would I use bitcoin?

Bitcoin allows you to instantly send any amount of money to anyone in the world without needing a bank. It allows you to access your money without needing an ATM or credit card - bitcoin gives you back control over your money. Plus you can pay friends back for dinner, buy your next computer, and donate to charity, all using bitcoin.

Where can I spend bitcoin?

Many large online businesses accept bitcoin, such as Overstock, Expedia, and Dell. Non-profits such as Wikipedia and the United Way also accept bitcoin donations. Look for a bitcoin payment option at many of your favorite websites and you’ll be surprised how many accept bitcoin! You can view a list of merchants here.